Mortgage application activity recorded a slight uptick last week, according to new data from Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, inched up by 0.6% on a seasonally adjusted basis...
While mortgage application activity has been in decline recently, at least one high-profile bucked the trend and took out a home loan for their new residence. The U.S. Sun reported that Jennifer Lopez and Ben Affleck received a $20 million mortgage on their new $61...